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研報掘金丨東吳證券:首予寒武紀“買入”評級,有望同時受益AI行業以及算力雙重邏輯
格隆匯 02-27 15:17

東吳證券研報指出,寒武紀(688256.SH)作爲中國智能芯片領域的標杆企業,專注於人工智能芯片的研發與技術創新,產品矩陣覆蓋雲、邊緣和終端三大場景,逐步構建出完整的生態體系。公司股權結構穩定,核心管理層具備深厚的行業經驗,同時通過激勵機制保障團隊活力,展現出對市場拓展和業務規模增長的信心。2024年公司預計實現營業收入10.7-12.0億元,同比增長50.8%到69.2%。認爲公司作爲國產AI芯片稀缺標的,有望同時受益於AI行業的蓬勃發展以及算力國產替代的雙重邏輯,故可享受一定估值溢價。首次覆蓋,給予“買入”評級。

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